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Bronstein, Gewirtz & Grossman, LLC, a national law firm, has announced that a class-action lawsuit has been filed against Future FinTech Group Inc. and certain officers of the company. The lawsuit aims to recover damages for alleged violations of federal securities laws. The suit claims that Future FinTech manipulated the price of its stock and lied to the Securities and Exchange Commission about the ownership of its stock. It also alleges that the company understated its legal risk and failed to disclose unlawful measures taken to prop up its stock price. Investors who purchased Future FinTech securities between March 10, 2020, and January 11, 2024, are encouraged to participate in the lawsuit. A class-action lawsuit has already been filed, and interested investors can request a copy of the complaint or contact Bronstein, Gewirtz & Grossman for more information.

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